In today’s briefing:
- B.grimm Power – BGRIM-Digital Edge Joint Venture for 96MW Data Center
B.grimm Power – BGRIM-Digital Edge Joint Venture for 96MW Data Center
- BGRIM has announced a partnership with Digital Edge (Singapore) to jointly develop a 96MW data center project, with a medium-term target of 300MW by 2030E.
- This is expected to generate positive sentiment for the share price, as the project offers stable revenue and attractive returns (with an estimated equity IRR of around 12-13%).
- It is also expected to serve as a profit buffer in the medium term, with a full-MW and full-year profit contribution anticipated by 2029E, representing upside risk of around 10-14%.
Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
Unlock all research summaries